There are plans by the China-Africa International Economic Cooperation Committee to invest N30 billion in Nigeria.
The leader of the committee’s delegation in Nigeria, Captain Muhammad Joji, made this known during a visit to the Governor of Bauchi State, Mohammed Abubakar.
International Economic Cooperation Committee is organised by the Chinese government with the sole purpose of seeking investment in Africa.
During the visit, Joji further stated that he and his entourage were happy to see improvements in infrastructure in Bauchi State, especially on roads.
He maintained that the development showed that the governor was spending the state’s funds judiciously, making him a leader and partner they could trust and also do business with.
The delegation expressed satisfaction with Governor Abubakar’s passion and zeal to collaborate with the Chinese in order to boost the economy of his state.
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In a PowerPoint presentation on the business potentials of the state, Director General of Bauchi State Investment Promotion Agency, Mr. Aminu Musa, identified three sectors namely Agriculture, Solid minerals and Tourism as comparative advantage of the state and therefore, attractive for investment.
He promised of the state’s readiness to collaborate with any investor.
Speaking at the occasion, Governor Mohammed A. Abubakar reminded the delegation of the long standing relationship between China and Nigeria and indeed Bauchi State, describing the relationship as a fruitful one.
He said the “the most reliable company (in road construction) we have in Bauchi State is a Chinese company named CGC.”
Abubakar described Bauchi State as a virgin land waiting for investors to come and explore the potentials on ground.
He said for the Chinese to seek collaboration with the State was a welcome development and his government was ready to facilitate the ease of doing business with the Chinese especially the China-Africa International Economic Cooperation Committee.
